PICC Property and Casualty Company Limited (OTCMKTS:PPCCY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,778 shares, an increase of 85.4% from the August 31st total of 3,117 shares. Based on an average trading volume of 6,377 shares, the short-interest ratio is currently 0.9 days.
PICC Property and Casualty Price Performance
OTCMKTS:PPCCY traded up $0.76 during trading hours on Tuesday, hitting $55.26. 6,759 shares of the company traded hands, compared to its average volume of 3,123. PICC Property and Casualty has a twelve month low of $42.79 and a twelve month high of $66.76. The firm has a 50-day moving average of $52.04 and a 200 day moving average of $48.84.
About PICC Property and Casualty
PICC Property and Casualty Company Limited is a China-based property and casualty insurer and a subsidiary of The People’s Insurance Company of China Limited. The company provides insurance protection to individuals, businesses, government entities and other organizations across mainland China.
Its products and services include automobile insurance, commercial and residential property insurance, liability insurance, accident and short-term health insurance, agricultural insurance, cargo and transportation insurance, and other specialty coverage.
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